Hungary Guide: Property
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The Hungarian Property Market Prices & Legal Conditions
Hungarian property prices - especially in Budapest - have risen rapidly over the last few years. With the country’s entry into the European Union, many foreigners have made investments in property in Hungary. more » -
Buying property in Hungary Special conditions apply to foreigners
The acquisition of Hungarian property by foreigners is an important market, but it is strictly regulated. Any sale or purchase of a property by a foreign citizen requires a permit from the Hungarian State Authorities. more » -
Finding property in Hungary Where to look
Hungary is a landlocked country, so doesn’t have any costal resorts, but it does have wonderful landscapes, Central Europe's largest lake and a Mediterranean climate in the South. Above all, Hungary has one of Eastern Europe's most beautiful cities: Budapest. more » -
Buying property in Hungary Things to know about the process
Hungary is still quite a traditional country, so the first step of buying property is a verbal offer. Below you find information on negotiations, the contract of purchase and running costs that you have to bear in mind when buying property. more » -
Mortgages Financing a property purchase in Hungary
In Hungary bank loans and mortgages in Euros or Swiss Francs, as well as Hungarian Forints, are now available. From December 2008 loans and mortgages are mostly available in Hungarian Forints. It is possible to get mortgages for 50-70% of the purchase price of a property. more » -
Running costs Utilities costs in Hungary
The purchase price and mortgage conditions are not the only thing to bear in mind when calculating the affordability of a property. Here are some of the additional costs you are facing when buying a house or flat in Hungary. more »